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, isn't it? >> yeah, bill, still got more questions than answers at this point and today the ntsb fang out around the country and the globe trying to get more answers. in tucson, arizona, ntsb along with members of boeing were down at a company called secure a plane. owned by its corporate plane out of london. they make chaernlgs for the lithium batteries down there doing some tests. the ntsb with boeing investigators out in everett, washington, where they make the dreamliner. they have hundreds of employees at boeing in everett working on the 878 problem, and they are in teams trying to do what you would want to do here, do a test. try to figure out if there's some common theme here. and finally in japan, japanese investigators, along with investigators from the ntsb, they are looking at the battery from the ana dreamliner, the ntsb said that battery was ore charged, different than what was said about boston taking a look at boeing since the incident on boston on january 7th. still more questions than dreamliners. >> you know the ceo of the company has to be saying what's next? >> so
further. i have had people saying what are they doing at boeing? are they working with the ntsb? a lot of it is centered around the everett factory, where the dreamliner is built they are out there doing tests, working in teams. i'm told it's hundreds of employees working on this 787 problem. they're not in one central location, but spread out throughout the boeing facility. boeing is tapping a number of areas for expertise. as for the ceo, he is involved frequently in the updates going on within the company. he's taking part in daily meetings on the latest findings. this is the biggest test of his ten year and ceo of boeing. what are we seeing in terms of the investigations involving government agencies? investigators are talking with suppliers, some in japan, some in arizona and england. there are suppliers around the world. the jtsb and ntsb are pursuing two different theories. as you look at shares of boeing which are under pressure, the jtsb says the ana plane did receive an overcharge, the battery. the ntsb in boston says, no, that didn't happen. there was not an overcharge invol
, the faa and ntsb, they all have investigators heading to japan to investigate what happened with that emergency landing. meanwhile, other airlines, which have already taken delivery, they are still flying the dreamliner. this is out of poland making its inaugural flight of the 787. right now, as we speak, maria, in a couple hours. it will be touching down here in chicago. despite airlines saying we're still going to fly, it s & p capital iq downgrading shares of boeing on the concern, maria, that eventually we could see some airline customers saying, you know what, putting me on the dreamliner, i'm skipping that flight so that's the latest of what's happening with boeing. maria? >> want to bring in a couple other voices, michael boyd, aviation expert and on the telephone jim hall, former ntsb chairman, now managing director of hall & associates. good to see everybody. thanks for joining us. would you fly a dreamliner right now? mean, knowing what we know, jim hall, would you -- what would you job advice? >> oh, yes, i would fly the aircraft. i think if there are significant
century. boeing and the ntsb took this battery apart. there's eight cells in each battery. they took every cell apart. they are inspecting every piece of that battery with microscopes. everybody is working hard to try and find out what the problem is. now, it's a big problem. this is a big problem for boeing and it's a big problem for the airlines. >> jonathan, you know, you got, again, this becomes an airplane problem. this is no longer just a public relations problem. besides this battery issue, might have been your notes, you got brake problems and fuel line problems. so this looks like a big mess to me now. you're in the public relations business. what do you think boeing ought to be doing or saying because they are not doing it and saying it. >> well -- >> go ahead, bob. >> go ahead, jonathan. you go ahead. >> again you got it right. it's not a battery problem or a brake problem or that they built these planes partly out of plastic. they have a reputation problem. this plane has been a problem for boeing for a couple of years. when we're told this is part of the growing up process and
this happened and -- and if the pilot will be found at fault. we're told the ntsb will be doing two separate but concurrent investigations. we expect to learn more about that later today. live on treasure island, sal castanedo, ktvu channel 2 news. >>> four men are accused of robbing a gas station and assaulting the clerk at the shell station on lone treeway. police say four men in their 20s rush the store and tried to steal cases of beer. the clerk said the men attacked him when he tried to stop them. a man we spoke to is not surprised by the robbery. >> there is just -- a lot of negative activity around this area just as of late around the holidays. >> this morning, the clerk told us he was shaken up but is otherwise doing okay. police say the men only took beer, no cash or anything else was stolen. >>> a man accused of setting his girlfriend on fire in san francisco is now facing attempted murder and arson charges. 22-year-old dexter oliver was arrested at an oakland motel around 9:00 last night. police say he doused his 25- year-old girlfriend with gasoline and lit her on fire sunday aft
find? >> there are still a lot of problems, kate. the ntsb is relaying on tools used in medicine and crime investigations, and we got an inside look at the laboratory, where cameras, microscopes, and cat scans are examining the damaged battery of boeing's prized dreamliner. >> this is one of the cell cases. >> reporter: piece by piece, inside this ntsb lab in washington, analysts are dissecting the charred battery which caught on fire in a boeing 787 dreamliner earlier this month in boston. >> we know that the lithium ion battery experienced a thermal runaway. we know that there were short circuits and we know that there was a fire. >> reporter: the faa gave special permission to boeing, allowing the use of these lightweight batteries, only if safety measures were installed to prevent overheating. >> we do not expect to see fire events on board aircrafts. there are multiple systems to protect against a battery event like this. those systems did not work as intended. we need to understand why. >> reporter: the investigation was launched after two 787s this month experienced issues
with the latest on this. phil? >> and, bill, got two pieces of news, the first one being that the ntsb completed an update with reporters regarding the ntsb investigation. here's a couple of notes, first of all, they say the battery short circuited and caught on fire but an important point. they are still trying to determine exactly why these batteries caught on fire. the bottom line, this was so serious they had to ground these planes. >> this is an unprecedented event. we are very concerned. as i mentioned in the very beginning, we do not expect to see fire events on board aircrafts. this is a very serious air safety concern the faa has taken. very serious action. >> and regarding those lithium ion batteries, today we spoke with a former worker and whistleblower. this is a supplier to boeing with the 787 dreamliners. they make the charger for the lithium ion batteries. he said he warned his superiors that the batteries were not safe and said the company ignored his warning. just a few minutes ago he described what happened when he saw one of these lithium ion batteries exemployed proceed. >>
investigation. jtsb within counterpart to ntsb out of japan, now says the battery involved in an incident over there was not overcharged. that's a reversal for them. meanwhile, ntsb is testing the lithium ion battery cells in washington, d.c. investigators are running multiple test at multiple locations. some at boeing in seattle, some at washington. they not continuing to peel back the onion looking for more, in terms of what is the cause between the dreamliner incidence. also in washington, there is discussion that u.s. senate is considering hearings to address the history of the 787 dreamliner. the t is in the discussion phase. the house of representatives, says it has no plans to hold hearings regarding the 787 and lij yom ion batteries. you mentioned shares of boeing moving higher. we want to show you eaton, interday. investigators in the uk are looking at fuel involves manufactured by eaton in the 787. there is discussion about what is causing fuel leaks with the graem liner. er with monitoring secretary lahood's speech in washington. he says anything regarding the dreamliner, we will br
're investigating it, along with somebody from boeing, the faa, ntsb, they're sending investigators to japan. and now what we have in japan are the two main carriers there, the first carrier is really to take a large number of dreamliners, they've grounded their fleets, at least for today and tomorrow. al nippon as well as japan airlines. 24 dreamliners. that's roughly half of the 50 that we've seen delivered so far by boeing. no flights again today, or tomorrow. here's what the focus is ultimately zeroing in on for the ntsb and faa. remember japan airlines flight that had the fire in boston last week? this is a battery unit from it. look how charred it is. that's along with what happened in japan on this emergency landing, that's going to be the focus for investigators as they take a look at what's going on with the lithium ion batteries. who makes these batteries? a firm out of japan. if you look at shares of that company, it's under pressure, understandably today. the firm has said they will cooperate with the investigation. and what you have now, carl, is a situat whe do a manufacturing
the briefing from the ntsb, the expectation is never to see a fire aboard a airplane and keg sans of these events can't be understated -- significance. the lithium eye on battery experienced a thermal runaway and a fire and they're trying to figure out exactly why. the federal aviation administration grounded all the 787 dreamliner after the battery caught fire. another failure forced an emergency landing of a tokyo bound flight. transportation secretary ray lahood said government regulators are working with boeing to identify the battery problems. the problems with the 787 goes back to issues with suppliers and delays that pushed deliveries back years. we're still watching this briefing, trying to figure out if the ntsb can tell us anything more. as it stands now nothing on a timeline when the planes can start flying again or the precise reason why these batteries were catching on fire. back to you. ashley: rich, is there a separate investigation for each incident? we're just hearing about the one involving i guess this is the boston one, is that right? >> right, this is specific
dreamliner, telling reporters they're still evaluating the idea. the ntsb says the battery pulled from a dreamliner showed signs of thermal damage. michael boyd tells us he's never seen an investigation like this. he says the faa has egg all over its face. >>> it's been 538 days since the country lost its top credit r e rating. what are we going to get back? the imf says the economy will grow by 2% and the u.s. needs to work on entitlement reform. >>> our fourth story, women on the front line. a ground breaking decision from the pentagon. cnn has learned that defense secretary leon panetta will announce a lift on the ban against women serving in combat positions. this is pretty incredible. this move could open up 230,000 front line jobs to women in the military. "outfront" tonight, rosa brooks, a columnist for foreign policy and has worked in the pentagon under the obama administration and david frum, former speech writer for george w. bush and critter for us. right now, 40% of active duty are women. this could be hundreds of thousand of jobs suddenly would be open to women. am i righ
in the dreamliner jets. the ntsb made the request after learning of the incident that's occurred before the battery fire on japan's airlines jet back at boston's logan airport on january 7. al nippon says it replaced batteries on its 787 jets ten times after they failed to charge properly or showed other problems and told boeing about the swaps. and an ana flight was forced to make an emergency landing on january 16. and phil lebeau and aviation expert michael boyd will join us. we'll be gearing up for boeing's quarterly results coming at 7:30 a.m. eastern time. a lot to get to. you see that story on the front page of "the new york times" and other places. the fact that they knew about it, it was a bigger problem makes me more anxious, but i know you think i'm anxious about planes -- >> no, i think at this point things -- people are starting to get concerned about what the issue is. they still haven't been able to identify it. that's a bigger problem. if you can find the problem and a it, you can get toward fixing it. and at this point, they're still looking around. >> hopefully when building a pla
ultimately paid out $44 million to help fund the cleanup and $10 million in fines. an ntsb investigation found the pilot was impaired at the time by prescription drugs. he served ten months behind bars and had miss pilot's license revoked. if you want more information including close-up photos of the damage done today, logon to our website, nbcbayarea.com. it's all there on the home page. >>> it's a legal move that does not sit well with most of the victims' families. a judge ruled the man at the center of the mass shooting is not competent to stand trial. we bring in kimberly tere who was in the courtroom for the hearing and joins us with more on the decision and why this is not the end of the story. >> reporter: one family member who did not want to be identified spoke to us off camera. he was really upset. he said goh was can haonfident h to killed his loved one and six others and should be competent enough to stand trial. he went on to say he's disappoint disappointed with the judge's decision and wants to see goh tried. but as it stands now, that will take some time. he's an accused
. >> just that, maria, there's more to come. >> yeah. >> this is an investigation with the ntsb going on so stay tuned, so to speak. >> thanks, gentlemen. appreciate it. we'll leave it there and follow this very important story. >> up next, vegas, baby. mobile mania sweeping the consumer electronics show. our tech reporter jon fortt smack dab in the middle of it all. back to sin city live in just a minute. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. when you spend $50 on hp ink. and you wouldn't have it any other way.e. but y
in japan. today investigators of the faa and the ntsb were on the ground there looking at the ama dreamliner that had the emergency landing. meanwhile, japanese investigators, they believe they will have their initial report on the incident next week. they have found similarities between the battery with that dreamliner and the dreamliner that caught on fire in boston. there's the battery. they are taking it from the plane in japan, and as for boeing, and you look at the assembly going on in seattle, as well as down in charleston, south carolina for the dreamliner, boeing says it's not slowing down production at all, but it is also meeting with the faa to start resuming production flight. as they build these, maria, they have to do a flight when they are done building them, before they can deliver them. they can't do that with this grounding, so that's the first step that boeing wants to clear with the faa. this is a story we'll be following all next week. maria? >> amazing. phil, thanks so much. catch phil's unprecedented access to the plane that was supposed to change the way yo
was grounded but they are up since the 17th. by the way, guys, hoping to get some information from the ntsb regarding the status of its investigation perhaps a little later today or tomorrow. back to you. >> very good, phil. thank you very much. i'm reminded of the famous line of ronald reagan. he said the scariest words you've ever heard is i'm from the government and i'm here to help. >> had a lot of good ones. >> he did. >> coming up next, coming right back with the closing countdown. >> and if you think the housing market is the key to the economy, jpmorgan's ceo has good news he's telling maria bartiromo. listen. >> housing has totally bottomed and getting better. you saw today homes for sales coming down there's a short supply in some market and they are all leading indicators. >> what else is jamie bullish on? find out in maria's exclusive interview coming up. >>> if phone calls are the key for apple earnings, will they be strong enough to lift the stock? we'll learn later today. instant analysis and investor reaction to the numbers on the "closing bell." a better placeom, we'd to ha
safety board, meanwhile, says the battery pulled from a dream liner showed signs of thermal damage. ntsb's michael boyd tells us he's never seen an investigation like this. where the faa says a plane is safe and then grounds it. he says the faa has egg all over its face. >>> it's been 538 days since the country lost its top credit rating. what are we doing to get it back? the imf says the economy will grow by 2% this year but, you know what, that's not really very good, and the u.s. needs to work on entitlement reform. >>> our next story "outfront. "women on the front line. a ground-breaking decision from the pentagon. cnn has learned that defense secretary leon panetta will announce a lift on the ban against women serving in combat positions. this is pretty incredible. this move, to give you a sense of the significance, could open up 230,000 frontline jobs to women in the military. "outfront" tonight, rosa brooks, a columnist for foreign policy and has worked in the pentagon under the obama administration and david frum, former speech writer for george w. bush and a contributor for us.
lebeau. >> reporter: the ntsb releasing an investigate on the battery investigation saying they have moved on from macroscopic investigation to a microscopic investigation. that includes chemical analysis of the areas that short circuited and checking flight data recorders. bottom line, still don't know a cause behind the incidents involving the two dreamliners. we should also point tomorrow morning on "squawk box" we'll be having the boeing fourth-quarter earnings, the first time we'll hear from the ceo since these incidents. sure to be questioned about what happens with the dreamliner tomorrow morning when boeing reports earnings. guys, back to you. >> thanks so much, phil lebeau. the dow jones industrial average 50 points away from 14,000. that 200 points away frommin a all-time high reached back in 2007. if you think that's made marc faber less bearish, you'd be very wrong. despite, that marc is the man behind the gloom, doom and boom report and joins me now to talk markets. good to see you, marc. thanks for joining us. >> my pleasure. thank you for having me. >> so you say regar
boeing's dreamliner. do we have any idea what it is, what the details are? >> ntsb is holding a press conference at 2:30. we will have it during "street signs" and they will talk about the investigation looking into the safety of the lithium ion batteries. it'll be interesting to see if they tell us exactly what they have determined so far. my indication, based on people i have talked with, sue, we are a long ways from them finding a route cause for the problem with the dreamliner and dreamliner batteries. >> phil, thank you so much. >> you bet. >> lockheed martin saying it sees weaker sales in 2013. pentagon's biggest supplier says it assumes congress will avert $500 million in spending cuts known as sequestering. those cuts were scheduled it start kicking in in march, not all at once, however. the stock of lockheed martin down to 3.61 today. rage yum profit down because of lack lust every sales. that will do it to you every time. also expecting lower earnings. rate now, raytheon trading down. general dynamics with a loss forecasting 2013 profits below straight estimates. gen dyn dow
't know right now. so i know they're saying that. but we have the faa all over the airplane, the ntsb all over the airplane. i think the risk for the -- i see two camps on this stock. you have the teethers, those who believe everything is a teether problem, and the tip of the icebergers saying could this be something else. i think with this investigation going on and the faa already actively on the airplane, it will be difficult to take event, especially if it's a severe event, and say, this is fine, this is fine. long term they're going to sort it out. i agree with what jim cramer said, i'm in the same camp that said, why not do a derivative play on this story, if you have more risk maybe someone like spirit aero systems. >> at what point do you say this is the point of fear of investors are running? that's the time to get in the stock. we've seen that in different scenarios, that we don't know what we don't know, as you said. that is exactly the time you wanted to go in. what's going to make that turning point for you, do you think? >> well, i have to say, because there's a formal inves
. >> this comes as federal investigators will conduct more tests to day o decemberon the dreamliner 787. the ntsb says the tests in washington showed a lithium battery that caught on fire on an empty dream weiner in boston earlier this month was not overcharged. suspicions about the battery and a possible fire risk led the u.s. and other countries to ground all 53 minor worldwide last week. >> the tsa says it is getting rid of the airport by his get is that produce a negative image of travelers. >> the x-ray scanners drew protests from privacy advocates, and so congress has mandated that they be changed to remove by june. the tdsa says it will keep another type of scanner that generates a generic image which only shows agents where to look for an object on the travelers body. >> still ahead is getting cold all from the country, we will take a look at how cold it is getting coming up. new nehoney nenchencof oofs sgreegryoguyo and aholehorainra herehe we goe i'i'm tasttag bog the togurog d thd honehoat tat sam stimeti new how ney buy hes he oat ogrer i'm like dkeginggith yog yt. i feelfe healtea..
in the news, a lot of people saying are there others out there. the ntsb yesterday gave an update in terms of where the investigation stands, including showing the media what's going on in the ntsb lab, seeing the charred batteries from the 787 dreamliner that was the one that had to be put out in boston. well, now they still say they do not know the exact cause of the batteries catching fire. as for those batteries and one other component, the charger, the charger for the batteries built by a company called secureaplane, a plant out in tucson, arizona. back in 2006, there was a fire involving lithium ion batteries for the 787 at the secureaplane plant. a worker there warned the company about the batteries and the chargers and the possibility of fires. >> these lithium ion batteries, too much heat and they'll explode. it will be a nightmare. >> michael leon was dismissed from the company for repeated problems on the job. secureaplane told me yesterday the battery charger for the dreamliner was successfully tested. there was a fire in the facility in 2006 during one test. however, the curre
in what we understand. the ntsb and boeing, a technical team from boeing, they're investigating the fire on the dreamliner. it was found in a compartment with batteries, and electrical components. it's not entirely clear at this point exactly what caused the fire. it is believed that it might have been caused by one of the lithium batteries on the dreamliner. that is an issue, because the dreamliner uses lithium im batteries to power onboard electronics. way back in 2007 the faa issued special rules for the use of lithium im batteries because of the concern of flammability risk involving those batteries. this is the fourth dreamliner incident involving its electronics, or losing power, since december 4th. look at this timeline. back on november 4th, united took its first domestic 787 flight, at the time there had been no reports. a month later, a united flight going to niewark to houston, experienced mechanical problems, reporting a loss of power. cutter airways a few days later had to ground one of its 787 jets for what it said was a faulty generator. the 14th of december, united ground
the accident continues. there were multiple agencies including the coast guard and the ntsb. we have new information according to the coast guard vessel traffic service was actually in contact with the ship moments before the accident happened. we are being told that bt has told them ahead of the accident. their recordings that will not be released until the investigation is complete. as far as the embassy gates and goes the bar by le high lit has had three minor incidents since he was first initiated. the investigation is looking into what may have caused this. mechanic error, or mechanical error? we spoke to the coast guard yesterday and he died of some of the things that may be investigated. >> that is something we are always concerned with. whether bt said the engineer, the pilot or the capt. >> the investigation will continue and the bar pilot was alcohol tested which came back clean and drug tested which has not come back yet. they will remain on the ship while it is docked in the bay waters. it any formation comes along and the next hour or so we will pass along. >> james has more
in the united states, the ntsb continues to look at the japan airline 787 battery, but in reverse of what we're seeing in japan, they say this battery was not overcharged. the investigators are in arizona today visiting the battery charger manufacturer. that is a company called secure a plane. it's a subsidiary of mega plc out of the uk. over the last couple of days, that's seen a little bit of pressure as well. what we're seeing is an investigation where they haven't been able to square up what happened in japan with what happened in boston, so as a result, they're going to start diving further into the components that go into the dreamliner, and are connected and work with the battery to see if they can find out exactly what went wrong. and then from there, they might have a better sense of how to correct the situation. guys, back to you. >> now, phil, because these two regulatory agencies on opposite sides of the ocean are seeing different things in their investigation. does that tell you that the investigation may be much longer than anticipated? >> well, yeah, it would be different if o
the faa. we're waiting to see the results of the ntsb investigation to make a decision about what it all means. so frankly, we're saying to investors is, look, we can't say with any conviction level that there's a certain entry point where we want to jump in here and buy. what we want is more data. if you own boeing shares here, i think you hang on. i think the long-term outcome of this is that they will sort through the problems. you can see airbus this morning expressing confidence that they think boeing, their competitor will sort through the problems. but right now, you know, you're dealing with emotion and you're dealing with news flow, which is very hard for investors to forecast. >> there but for the grace of god for airbus. they're not going to crash airbus. >> look the safety of all things for airplane manufacturers, the one thing they can all agree within, the one thing they share data on, the one thing they're all committed to is safety. >> if it leaks out of the battery and has a weird smell, it's not a fire. >> yeah, that's really the important thing about what happened yest
said, the fire at logan is a unique example and the ntsb is investigating but i think trying to connect this event to other events is pure speculation at this point. we don't have a lot of data. >> have you seen any sign that production might be interrupted, slowed down if, in fact, they have to address the things along the production line? >> none whatsoever. >> because as the journal points out today, you get paid upon delivery and worst-case scenario would begin to avoid cash flow if they were delayed. >> yeah. look, the central bull thesis for boeing shares is about the large amount of cash the company will generate over three or four rates and with the 787 ramping up to very high levels to meet customer demand. if we were to call in to question that cash flow, that weighs against the bull thesis. we don't have any data to suggest that will happen. the planes are still flying and i would say these sorts of teething problems are normal for new planes. we have them on the a-380 and we have to wait and see and we need more data and not calling in to question the long-term fundamentals.
speaking with the pilot and key players on board. the ntsb has announced
Search Results 0 to 31 of about 32 (some duplicates have been removed)